Τhe European Commission on Wednesday invited Schengen Member States and Schengen Associated States to prolong the temporary restriction on non-essential travel to the EU from third nations until May 15. EU Member States and non-EU Schengen countries had agreed to implement the travel restriction on March 17. According to the Commission, the experience of Member […]
The world’s economy is expected to shrink by 2.5 percent in 2020 hit by the coronavirus (Covid-19) pandemic and its effect on demand and supply channels, according to the Economist Intelligence Unit (EIU). Initial estimates had global GDP growth at 2.3 percent. The expected post-coronavirus contraction is deeper than during the global financial crisis due […]
Photo Source: @IATA Firm coordinated plans must be in place when the coronavirus (Covid-19) pandemic subsides in order for airlines to cover lost ground and return to operations, said International Air Transport Association (IATA) Director General and CEO Alexandre de Juniac, this week. De Juniac underlined the need to support and safeguard the sector, which has […]
The Eurocontrol Member States on Tuesday announced a financial package that enables airlines to delay the payment of up to 1.1 billion euros of air traffic control fees due to Europe’s air traffic management industry in the coming months. The measure was announced following the confirmation by many airlines that they would not be in […]
The Greek Tourism Ministry recently announced that under a new regulation, tourism enterprises and airlines in Greece will be able to reimburse their customers by issuing 18-month vouchers in efforts to mitigate the effects of cancellations due to the coronavirus (Covid-19) pandemic. Aiming to address liquidity issues for Greek travel agencies, hotels and airlines, as
SETE President, Yiannis Retsos. With no clear picture of the condition Greece’s main markets will be in after the coronavirus (Covid-19) pandemic, the Greek tourism sector may possibly aim to attract arrivals from new markets this year, according to the Greek Tourism Confederation (SETE). While it remains unknown when the Covid-19 pandemic will show signs […]
The Greek government has agreed on conditions to allow cruise ships to carry out short-term berthing at Greek ports under strict safety rules. In collaboration with the Cruise Lines International Association (CLIA), the Greek shipping ministry has allowed the provision of food supplies, water and fuel, as well as the safe disposal of waste based on […]
In efforts to keep the travel and tourism sector above water after the coronavirus pandemic subsides, Deutsche Bank suggests a number of actions to ensure a balance between health risks, economic damage control and travel. One proposed action sees vacationers presenting special medical or immunity certificates to the destinations they visit. According to the Deutsche […]
In efforts to facilitate cash flows for 100,000 small and medium-sized businesses impacted by the coronavirus (Covid-19) pandemic, the European Commission and the European Investment Fund (EIF) unlocked 8 billion euros in funding this week. More specifically, the guarantees – to be made available this month through local banks and lenders – will
Showing a stronger focus on domestic tourism this year is considered to be one of Greece’s most likely solutions in order to salvage whatever can be saved from the 2020 season due to the coronavirus (Covid-19) pandemic, according to the Greek Tourism Ministry. Referring recently to the blow the country’s tourism sector has received due […]


















